Birla Estates Launches Birla Punya in Pune’s Sangamwadi with Rs 2700 Crore Revenue Potential, Spanning 5.76 Acres and 1.6 Million Sq. Ft. of Saleable Area

FIIs have increased their stake from 9.41 per cent in the previous quarter to 9.53 per cent, while DIIs have reduced their holding from 15.90 per cent to 15.33 per cent.

Birla Estates Private Limited, a wholly owned subsidiary of Aditya Birla Real Estate Limited, has launched its first residential project in Pune, named Birla Punya, with an estimated revenue potential of Rs 2700 crores. Situated in Central Pune's Sangamwadi area, the project spans 5.76 acres and offers 1.6 million sq. ft. of saleable area, including 1000 luxury apartments ranging from 1 BHK to 4 BHK. The development, inspired by Pune's cultural and architectural heritage, will be executed in phases, with Phase 1 comprising two towers and 500 units. Birla Punya emphasizes the company's LifeDesigned® philosophy, integrating nature, culture, and architecture to provide a premium living experience with over 50 world-class amenities. The project boasts excellent connectivity to key city hubs and features eco-friendly practices. Birla Estates is also expanding its presence in Pune with a 16.5-acre land acquisition in Manjri and recent projects in NCR and Bengaluru.

Birla Estates Private Limited operates as a wholly owned subsidiary of Aditya Birla Real Estate Limited, formerly known as Century Textiles and Industries Limited. The company has rapidly established itself as a leading name in the premium residential housing market, focusing on sustainability, execution excellence, and customer-centric design. With a strategic presence in key Indian markets, Birla Estates develops properties through outright purchases, joint ventures, and its own land parcels. The company aims to be among India's top real estate firms, driven by its commitment to sustainability and innovative design. The parent company, Century Textiles, has a diversified portfolio, including textiles, pulp and paper, and real estate, with a current stock price of Rs 1773.7 and a 3-year return of 116.28 per cent. The company has been maintaining a healthy dividend payout of 52.6 per cent.

As of December 2024, the shareholding pattern shows that promoters hold 50.21 per cent, FIIs hold 9.53 per cent, DIIs hold 15.33 per cent, the public holds 23.89 per cent, and others hold 1.05 per cent. FIIs have increased their stake from 9.41 per cent in the previous quarter to 9.53 per cent, while DIIs have reduced their holding from 15.90 per cent to 15.33 per cent. The public shareholding has risen slightly from 23.43 per cent to 23.89 per cent.

With a PE ratio of 1141x, the company trades at a premium compared to the industry PE of 11.6x. The company has ROCE of 8.31 per cent and ROE of 1.29 per cent.  

Investors must keep this Mid-Cap stock on their radar. 

Disclaimer: The article is for informational purposes only and not investment advice.